FMC Corporation Releases 2023 Sustainability Report

Source: www.gulfoilandgas.com 5/23/2024, Location: North America

FMC Corporation (NYSE: FMC), a leading global agricultural sciences company, today released its 2023 sustainability report, From the Ground Up. The 13th annual report highlights the company's progress on its environmental goals, sustainable product innovation and community and stakeholder engagement. It is also the first publication of FMC's Climate Transition Plan, which details the company's steps to achieve net-zero greenhouse gas (GHG) emissions by 2035.

"Sustainability and innovation are essential to growing our business and meeting the evolving needs of farmers and our industry," said Julie DiNatale, vice president and chief sustainability officer. "This year's report highlights FMC's dedication to building upon the strong foundation established over the last decade and advancing sustainability across the organization."

In its Climate Transition Plan, FMC describes its strategy to reduce emissions and address climate-related risks and opportunities across its value chain. Key elements of the plan include FMC's net-zero roadmap, which identifies early actions and key levers for emissions reductions, and an overview of the company's Scope 3 emissions and supplier engagement strategy. In 2023, the company reduced absolute Scopes 1 and 2 emissions by 18% and reduced absolute Scope 3 emissions by 27%. Additionally, FMC has made significant strides in waste circularity, increasing waste to beneficial reuse to 75% globally. The company's sites continuously seek opportunities to drive efficiencies and turn waste materials into valuable commodities.

FMC highlights its diverse portfolio of modern crop protection solutions and how it supports sustainable farming around the world. In addition to integrating sustainability and stewardship criteria throughout its product development processes, the company continuously evaluates how its products promote key areas of sustainability on the farm, including climate resilience, water use efficiency, biodiversity protection, soil and plant health, and compatibility with regenerative agriculture practices.

"FMC is constantly innovating to help farmers solve increasing challenges brought by a changing climate, regulatory pressures and consumer demands," continued DiNatale. "As we develop new products, we are focused on providing farmers with a variety of tools that can be applied in a range of farming systems to improve productivity, efficiency and sustainability."


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